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SAN FRANCISCO (AP) — The University of California’s governing board is unanimously backing a measure that would restore affirmative action programs at its schools. The proposed ballot measure would repeal the controversial voter-approved statewide ban that's been blamed for a decline in diversity in the prestigious university system. The vote Monday by the university system's Board of Regents means the UC endorses a proposal that would ask voters in November to repeal 1996's Proposition 209 that banned “preferential treatment” for minority groups applying to state colleges and government jobs. The state Assembly approved the measure last week and it still must pass the state Senate to go on the Nov. 3 ballot. 726
SCOTIA, Calif. (AP) — The U.S. Geological Survey says a magnitude 5.5 earthquake has hit near the Pacific coast of Northern California.The agency says the earthquake struck at 8:53 p.m. at a spot 17.3 miles (27.9 kilometers) southwest of Scotia, a town of 850 people.The earthquake had a depth of 5.6 miles (9 kilometers.)Media reports says the earthquake was felt in the region. There are no immediate reports of damage. 429
SAN YSIDRO, Calif. (KGTV) - Business leaders on the U.S. side of the border are worried that President Trump's threat of tariffs against Mexico over illegal immigration could cause a sharp decline in sales.In the week after the president announced his plan to impose a 5 percent tariff on Mexican goods, the peso dropped nearly 4 percent in value. That means it's worth less compared to the U.S. dollar.Local shop owner Sunil Gakhreja, who is also a member of the San Ysidro Chamber of Commerce Board of Directors, said 99 percent of his customers come from Mexico. He also said if the peso gets much lower, people will stop crossing the border to shop.RELATED: Trump imposes tariffs on Mexico over border squabble"Right now, it's around 18 or 19 (pesos per dollar). That's fine," Gakhreja said. "But when it gets to 20, people won't come. Trust me, it's a ghost town; Nno one comes in."Trump's plan would impose a 5 percent tax starting June 10. The tariff would increase by another 5 percent every month through October, topping out at 25 percent. Trump said it will stay in place until Mexico can stop the flow of people crossing into the U.S. illegally.Gakhreja said he and other business owners are still feeling the effects of a five-hour border closure in November. That cost an estimated .3 million to local shops.Currency exchange businesses say they're keeping an eye on the changes from minute to minute.RELATED: Trump says Mexico tariffs likely to go into effect"It's horrifying," said Bertha Fridman with JSD Money Exchange. "It's the money that goes in your pocket, and that's less."Fridman said her business deals mostly with people exchanging dollars for pesos, and she won't be affected. But she hears from people south of the border, and they're worried."It's the psychology of the people," she said.RELATED: Tariffs on Mexico imports could have outsized impact on San Diego"Once their buying power drops, they will not buy from us," said Gakhreja. "Even if it changes by 2 or 3 pesos, that's real money. They'll walk." 2047
SANTA ANA, Calif. (AP) — Wells Fargo has agreed to pay at least 5 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their vehicles repossessed.The bank filed the agreement Thursday in a federal court in Santa Ana. It still needs a judge's approval.Another defendant, National General Insurance, agreed to pay .5 million, the New York Post reported.San Francisco-based Wells Fargo confirmed the agreement Friday and called it "an important step in making things right." The bank's statement said that it will be sending checks to affected customers.The 2017 class-action lawsuit alleged that for more than a decade, Wells Fargo tacked on insurance to customers' car loans that they didn't need because they had private insurance.Some 25,000 car owners couldn't meet the additional fees and had their vehicles repossessed, the suit alleged.The bank acknowledged in 2017 that million in unnecessary insurance charges had been added to 800,000 auto loans.It's one in a series of scandals involving the banking giant, starting in 2016 with the uncovering of millions of fake checking accounts its employees opened to meet sales quotas.That led to the resignation of CEO John Stumpf. Last year, the Federal Reserve capped the size of Wells Fargo's assets, and Stumpf's replacement, Tim Sloan stepped down in March. New improprieties had come to light on his watch, including the auto loan issues.Federal regulators who lost patience with Wells Fargo's continued bad behavior inflicted harsh punishments. Wells had to pay a billion fine last year to the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency. But more importantly, the Federal Reserve stepped in and handcuffed Wells' ability to grow its business until the bank could prove that it had gotten its house in order.Despite the restrictions, Wells Fargo reported in March that it earned .86 billion and profits rose by 14% from a year earlier, helped by higher interest rates.Wells Fargo stock closed down 29 cents Friday at .63 per share. 2169
SAN YSIDRO, Calif. (KGTV) -- Authorities are investigating a shooting involving U.S. Customs and Border Protection near the San Ysidro Port of Entry Monday night. The San Diego Police Department told 10News the suspect is a 23-year-old man in a white pickup truck who was trying to drive into the United States from Mexico.Police say he had been directed to a secondary screening area but failed to stop for an inspection and began firing at border agents. The man attempted to drive away, but authorities shot back. SDPD said at least seven CBP officers fired their weapons, killing the driver.According to a witness who was driving to the border from National City, police could be heard telling someone to pull over. The witness added that a police helicopter could also be seen in the area. San Diego Police say they're helping with the shooting investigation, which originally involved Border Patrol and CBP. Marco Sotomayor, Secretary of Public Security in Tijuana, tweeted that CBP closed all lanes of the port during the incident, but quickly reopened them. 1075